MRRSE announces addition of new report "Global Market Study on ECG Devices: Increasing Incidences of Cardiovascular Diseases to Boost the Demand for ECG Devices Over the Forecast Period" to its database
Ecg devices: increasing incidences of cardiovascular diseases to boost the demand for ecg devices over the forecast period
1. ECG Devices: Increasing Incidences of Cardiovascular Diseases
to Boost the Demand for ECG Devices Over the Forecast
Period
Report Description
ECG (Electrocardiogram) Device is a device which records the
heart activities through electric signals and are amplified on
2. the ECG monitor. ECG devices are used to diagnose types of
heart diseases and arrhythmias in a person’s body therefore
assist the appropriate therapy. The ECG test is noninvasive
and painless procedure and determines abnormality patterns
in heart. There are four different types of ECG device which
determine heart activities of body under certain condition or
activities.
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Chronic diseases have become a major cause of diseases
globally which is causing a lot of pressure on healthcare
industry to adopt new paradigm of medical care and better
3. healthcare facilities boosting the demand for new
technologies. Cardiovascular disease is one of the most
common of all health problems and leading cause of deaths
globally. To avoid the risk associated with heart disease, ECG
tests are conducted by people who are likely exposed to the
factors causing heart disease. Due to increased awareness
about CVD, patient monitoring devices are gaining
importance over years due to ease of operation and quick
results. Development in ECG devices and increase in global
disease burden will drive the market growth for ECG devices
over the forecast period. ECG device market has established
market players along with OEMs and small players which are
expanding their markets to cover larger market share into the
emerging economies. Due to high competitiveness in the
4. market players, ECG device market is fueled by bringing
innovation.
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By product type, ECG device market is segmented into ECG
resting system, ECG holter monitoring system, ECG stress
testing system and cardiopulmonary stress testing. ECG
resting system segment is estimated to account for highest
revenue share in 2015 and ECG holter monitoring system is
expected to grow over the forecast period. ECG resting
system is expected to witness sluggish growth over the
forecast period due to technological advancements in ECG
holter monitoring system.
5. On the basis of end user, the ECG device market is
segmented into hospitals, diagnostic centers, clinics and
ambulatory surgical centers. Hospitals segment is expected to
create robust growth opportunities owing to better
infrastructural facilities and large patient database.
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By region, the global ECG device market is segmented into
North America, Latin America, Europe, Asia Pacific, and
Middle East & Africa The high adoption rate of new
technology is expected to boost the market in the U.S. for
6. ECG holter monitoring devices. The U.S. is expected to
remain dominant market for ECG devices whereas APAC
region is expected to witness highest growth due to large
number of population suffering from cardiovascular diseases
and increase in budding manufacturers providing ECG device
at competitive prices.
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